RICHMONDS, NORWICH ROAD, CORPUSTY, NORWICH, NR11 6QD - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RICHMONDS is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2016, which was around 17% below the average June 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

RICHMONDS Sold Prices

Land registry data shows two sales for RICHMONDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two RICHMONDS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 7 JUN	£250,000	£301,014	17% below HPI
2006 22 NOV	£180,000	£232,229	22% below HPI

RICHMONDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two RICHMONDS sales from November 2006 and June 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is RICHMONDS?

RICHMONDS is 87m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Corpusty, based on EPC data. The below chart shows the distribution of detached houses by size in Corpusty, and where RICHMONDS lies on this distribution: 30% of detached houses are smaller than RICHMONDS, and 70% of houses are larger. Note that EPC data is not available for all properties in Corpusty.

RICHMONDS: Plot and Title Map

RICHMONDS sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of RICHMONDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of RICHMONDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is RICHMONDS?

RICHMONDS is located on NORWICH ROAD in CORPUSTY, in the NR11 postcode district. The below map shows the position of RICHMONDS on NORWICH ROAD.